Yesterday Harris Corporation sold its health care operation–mostly based around the former CareFx HIE product (now named FusionFx)–to Patrick Soon Shiong’s NantHealth. This follows close on the heels of NantHealth’s cross-investment in Allscripts, which of course has its own HIE product DBMotion. While NantHealth’s strategy under Soon-Shiong’s grand vision is extremely wide (and a little tough to predict) it certainly involves moving huge amounts of data around.
But what does Harris do in health? I’ve had an interview in the can from April 2015 with Eileen Rivera, VP of Marketing at Harris, which explains what they do and gives some hints as to why NantHealth decided it needed them. So this is as good as time as any to release it!
Every quarter, Health 2.0 releases a summary set of data that explains where industry funding is going, which product segments are growing fastest, and where new company formation is happening. Health 2.0’s precision and clarity when it comes to market segmentation and product information make this quarterly release the cream of the freebie crop.
The major news this quarter is that funding has slowed compared to this time last year, notwithstanding a significant bump from Allscripts’ $200M investment in NantHealth on the last day of the month. Yet, we’re still seeing growth in the Health 2.0 Source Database — both in number of products and companies. We also highlight the release of the Apple Watch, the growing momentum around FHIR, some key moves in the data analytics space, and the success of the latest Health 2.0 IPOs. For more, flip through below.
Kim Krueger is a Research Analyst at Health 2.0
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